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Recovery Builds EURJPY was helped....>

EURO-YEN TECHS
EURO-YEN TECHS: Recovery Builds
EURJPY was helped off its lows by improved risk, but would need the recovery to
extend through 125 to cement the uptrend. This would put the focus back on the
50-dma at 125.33, ahead of pivotal resistance at 125.83. Below 125 gives control
back to the bears, targeting a downside break of the 123.70/90 zone which has
registered a series of previous lows.

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